Multiple Choice
Refer to the above diagram for a private closed economy.At the $300 level of GDP:
A) aggregate expenditures and GDP are equal.
B) consumption is $250 and planned investment is $50.
C) saving equals investment.
D) all of the above are true.
Correct Answer:

Verified
Correct Answer:
Verified
Q49: What do investment and government expenditures have
Q149: Which of the following occurred during the
Q150: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" The equilibrium level
Q151: If net exports decrease from zero to
Q152: If lump-sum taxes are decreased by $10
Q155: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the
Q156: If the equilibrium level of GDP in
Q157: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the
Q159: If the marginal propensity to consume is.80
Q197: Investment and saving are, respectively,<br>A)income and wealth.<br>B)stocks